#ETHCrossed2500

This Ethereum whale is in serious trouble, and here's why it matters:

Key Breakdown:

Short Position: They're betting ETH's price will go down—but it's going up instead.

Leverage x25: That magnifies gains and losses. A small price move becomes a huge P&L swing.

Current Loss: -$7.1M means their margin is getting eroded fast.

Liquidation Price: $3,113: If ETH hits that, their entire position gets wiped out, and the $69M bet gets liquidated.

Implications:

If ETH keeps rising, this whale must either:

Add more margin (more ETH or USDT), or

Close the position at a massive loss.

If liquidation occurs, it could spark buy pressure as the short is forcefully closed—pushing ETH even higher.

This is a classic "short squeeze" setup. Are you following this trade for potential moves, or looking to countertrade it?